With so many of us having to adjust our routines these days, some may ask where our A. B. Nicholas LeverageLine stands. The answer? We’re open for business with no changes, as all of our work was always done online or over the phone, both for the clients and the lending institutions with which we’ve partnered. There is not change.
But the time for our LeverageLine stock loan program could not be better. Stocks are poised to begin historic gains as the virus abates — so most clients are going to be at a relatively low initial stock purchase cost, whether they have ridden the virus market out, or sold and are thinking of or have re-entered. All experts call the current stock market decline an anomaly; no underlying conditions exist that would stop the U. S. market from skyrocketing once again, and that is good for those who need cash from the stock portfolios without selling.
So don’t change a thing. And if you know of someone who works with potential stock-portfolio-owning clients, send him over to us to join us as an agent (www.abnicholas.com/agents).
A. B. Nicholas Securities Finance is open for. business just as it has for over a decade, and we’re more than ready to assist you.